Canadian plan taps Blackstone exec

by

03 Jun 2011

Ted Lee, a prominent hedge fund investor in Asia, is understood to have left Blackstone Alternative Asset Management to join the Canada Pension Plan Investment Board (CPPIB) in Hong Kong, according to AsiaHedge.

His new remit is believed to cover Canada Pension Plan Investment Board’s investment in public markets and hedge funds in the region and his appointment could well signal the intention of the Canadian pension body, which boast of $140.1 billion in assets at the end of last year, to gain exposure in the Asian hedge fund space.

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